Levies for non-domiciles in the UK will range from £30k to £90k, according to George Osborne’s Autumn Statement. How much will you be paying?

If you are living in the UK but are not domiciled for tax purposes, you could be coughing up quite a bit in the near future.

Non-doms who have been in the UK for 17 of the past 20 years will be expected to pay £90k tax a year, and those whose have been there for 12 of the past 14 years will pay £60k tax a year.

Still a newbie?

But your average non-dom will continue to be charged £30k tax a year to live in the country, and will only pay tax on money earned or brought into the UK.

In the first two years after HM Revenue and Customs (HMRC) introduced the £30k levy, the number of people who said they qualified for non-dom status dropped by 16% — surprise surprise.

George Osborne’s reasoning behind the increased charges is that he wants non-doms to “pay a fair contribution while having certainty about their future arrangements”.

Ok that’s great, but I still don’t know what a non-dom is…

Basically, “domicile” refers to where a taxpayer has his permanent home. It is different from ­– and not to be confused with – nationality and place of residence. Individuals coming to the UK from overseas are non-UK domiciled unless they have plans to permanently live in the UK.